HomeMy WebLinkAboutCC Res 6801 2018-03-12RESOLUTION 6801
RESOLUTION OF THE CITY OF SEAL BEACH APPROVING
THE DISSOLUTION OF THE COUNTYWIDE PUBLIC FINANCING
AUTHORITY
THE SEAL BEACH CITY COUNCIL DOES HEREBY RESOLVE, FIND AND
DETERMINE AS FOLLOWS:
WHEREAS, pursuant to a joint powers agreement, dated June 19, 1996
(the "Agreement'), the City and the cities of Brea, Buena Park, Fullerton, Garden
Grove, Orange, Santa Ana, Stanton and Tustin (the "Members "), created the
Countywide Public Financing Authority (the "Authority ") to provide a vehicle to
financing projects beneficial to the Members; and
WHEREAS, the Authority has no outstanding indebtedness and is not a
party to any outstanding material contracts and the Members desire to dissolve
the Authority;
NOW, THEREFORE, it is hereby ORDERED and DETERMINED, as follows:
Section 1. The City, as a Member, hereby elects to terminate the Agreement
and to dissolve the Authority which dissolution shall take effect upon the
concurrence of all Members.
Section 2. Quint & Thimmig LLP, Larkspur, California, is hereby authorized to
provide all necessary documentation to the State Controller to effectuate such
dissolution.
Section 3. All actions of the officers, agents and employees of the Council or
the City that are in conformity with the purposes and intent of this Resolution,
whether taken before or after the adoption hereof, are hereby ratified and
confirmed.
Section 4. This Resolution shall be in full force and effect immediately upon its
adoption.
Section 5. The City Clerk shall certify to the passage and adoption of this
resolution.
Resolution 6801
PASSED, APPROVED and ADOPTED by the Seal Beach City Council at a
regular meeting held on the 12th day of March, 2018 by the following vote:
AYES: Council Members: Deaton, Massa - Lavitt, Moore, Sustarsic, Varipap
NOES: Council Members: None
ABSENT: Council Members: None
ABSTAIN: Council Members: None
STATE OF CALIFORNIA }
COUNTY OF ORANGE } SS
CITY OF SEAL BEACH }
ayor, Mike Varipapa
I, Robin L. Roberts, City Clerk of the City of Seal Beach, do hereby certify that
the foregoing resolution is the original copy of the Resolution on file in the office
of the City Clerk, passed, approved, and adopted by the Seal Beach City Council
at a regular meeting held on the 12th day of March, 2018.
Robin _.. erts, City Clerk
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